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Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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55, Pound Lane, Reading is recorded publicly as an early-century freehold house across 502 ft2 of internal area, sitting on a 724 m2 plot.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 55, Pound Lane, Reading is £430,251 and its rental estimate is £1,167 per month, given the available information and assuming reasonable condition.
Pound Lane, Sonning, Reading, RG4 falls within the RG4 postal district.
55, Pound Lane, Reading has a single entry in the Land Registry from March 2011 and a single entry in the EPC database dated November 2010.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 55, Pound Lane, Reading, we estimate a market value of £451,764 and a rental value of £1,225 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £400,134 and £1,085 per month respectively.
Over the last year, 55, Pound Lane, Reading has seen its estimated sale value drop by £10,489 (2.4%) and its estimated rental value rise by £21 per month (1.8%). This results in an estimated gross rental yield of 3.3%.
HM Land Registry records the plot of land for 55, Pound Lane, Reading as measuring 724 m2.
That makes it the 12th largest plot in the postcode, where 37 of the 42 other houses have recorded plot data.
55, Pound Lane, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 30 Nov 2010.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
The most recent sale of 55, Pound Lane, Reading completed on 31st March 2011 at £334,950 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 64.5% over the period since March 2011.
Over the past 2 years 3 properties similar to 55, Pound Lane, Reading have sold within a radius of 1.3 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 29th July 2020, was 8, Selcourt Close, Reading, RG5 3AS, a freehold house which sold for £465,000.
Read more about house prices in RG4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 66 addresses on Pound Lane, Sonning, Reading, RG4, 55, Pound Lane, Reading comes out as the 66th largest and the 65th most expensive in our analysis of the public data.
It is also £130k less expensive than the average property across the RG4 district.
From 55, Pound Lane, Reading, the nearest station is Twyford, 3.1 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 55, Pound Lane, Reading, 41.8% of property is privately owned outright and 41.8% is privately owned with a mortgage.
The graph below shows how this compares to South East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 55, Pound Lane, Reading, 14.6% of residents are recorded as possessing school level qualifications and 53.1% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 55, Pound Lane, Reading, the average age was 44.2 and the most common age was 52.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 55, Pound Lane, Reading, 3.3% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 55, Pound Lane, Reading, there are an average of 1.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.
